Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

18 JUNE 2021 AL CIRCLE

Chinese carbon emission peak by 2030 needs renewable energy adaption for aluminium industry: CRU

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to a team of analysts at London-based business intelligence company CRU, China will need to shift to renewable energy for achieving carbon neutrality, particularly for the aluminium industry, where renewable power is expected to rise from the current 16 per cent to 27 per cent by 2030. China has pledged to achieve carbon neutrality by 2060 and peak carbon emissions by 2030.

Chinese carbon peak by 2030 needs renewable energy adaption for aluminium industry

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According to CRU, solar power has the largest potential for driving growth in the aluminium industry, while hydrogen energy is expected to be widely used in the steelmaking sector.

CRU believes the key to peak carbon emissions is to reduce and control carbon emissions from both the demand and supply side of the commodities market.

Carbon emissions from the steelmaking and aluminium smelting account for 98 per cent of the total carbon emissions in the Chinese metal industry. So, it is essential for both the metal sectors to find an efficient way to reduce carbon emissions, said CRU.

On the consumption side, decarbonisation efforts require building a low-carbon infrastructure on which the economy can operate. This includes smart grids, solar panels, wind turbines, and electric vehicles – infrastructure that requires more aluminium and copper metal volumes.

“We expect consumption of aluminium and copper in low-carbon infrastructure to increase by 40% and 292%, respectively, between 2020 and 2030. Unlike base metals, total steel demand will not be a huge beneficiary of green policies, although there will be increased demand for certain niche metals,” said CRU.

According to CRU, aluminium, copper, and steel are the critical materials for building solar power and wind power installations. Aluminium consumption is around 19,000 tonnes in the construction of 1 GW solar power generation sets.

CRU estimates demand for aluminium in energy vehicles and renewable energy sector to grow 40 per cent to 8.39 million tonnes by 2030 from 6 million tonnes in 2020.

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